Archive · 23 Jul 2025
SBI Securities Launches Zero-Brokerage Plan for Intraday Trading
SBI Securities, a company related to State Bank of India, has started a new plan called ProZero.
This plan lets people trade stocks and options during the day without paying any fees.
This is good news for traders who want to save money on their trades.
If you do other types of trading, there's still a small fee.
The new plan works on their app and website, and there are no extra charges.
The company hopes this plan will attract new traders and also those who trade frequently.
The goal is to make it easier and cheaper for people to trade in the stock market.
SBI Securities introduced ProZero, a zero-brokerage trading plan.
The plan eliminates brokerage fees for intraday equity and derivative trades.
Other trading activities remain under the existing ₹20 per order fee structure.
ProZero is accessible via the company's mobile app and web platforms.
The initiative aims to attract retail traders in India's brokerage market.
- Who
- SBI Securities, a subsidiary of State Bank of India.
- What
- SBI Securities launched ProZero, a zero-brokerage plan for intraday trading.
- When
- Published on July 23, 2025
- Where
- India
- Why
- To attract retail traders and be competitive in the brokerage market.
- Company
- SBI Securities
- Plan Name
- ProZero
- Brokerage Fee
- Zero for intraday equity and derivatives
- Other Trading Fee
- ₹20 per order
- Target Audience
- Retail Traders